US stocks vs bonds near all-time high
US stocks are close to reaching their tech bubble peak relative to bonds, says Michael Hartnett, Chief Investment Strategist at BofA Merrill Lynch Global Research.
March 2017
GBPUSD targets 1.15
Ron William of RW Advisory thinks cable will target 1.15 in 2017, reaching the bottom of an 8-year cycle.
Top confirmed on USDJPY
A medium-term top has completed on USDJPY turning the core trend bearish, according to David Sneddon and his team at Credit Suisse.
Bullish MACD signal for commodities
A broad-based commodities rally is looking increasingly likely, says James Dima, technical analyst at Marex Spectron.
S&P500: Long-term bull market intact
The long-term S&P500 bull market remains intact despite recent signs of selling pressure, says Ron Meisels of Phases Cycles.
S&P500: Buy techs
The outlook for the S&P500 remains bullish despite a fall in the Investor’s Intelligence survey last week, says Ari Wald at Oppenheimer.
Lead about to break out
A chart of the 3 month LME lead futures contract has shown a sharp narrowing of Bollinger bands overlaid on price, says James Dima at Marex Spectron.
S&P500 to top in late summer
The S&P500 is likely to top in late summer as high as 2450, according to Estevao Oliveira at Haitong Bank.
Risk stays lower for AUDUSD
Although AUDUSD may continue to recover further after its bounce on Friday, David Sneddon and his team at Credit Suisse in London still believe it’s likely to move lower within the next few weeks.
When overbought is bullish
The weekly RSI reached 75 on the S&P 500 last week and, contrary to popular belief about this being an overbought signal, Ari Wald at Oppenheimer, thinks this is a bullish sign that the market is in the early stages of a new advance.